Address
2507 40th Street, Lubbock, TX
Price
$ 150,000
Property Attributes
  • MLS#202609329
  • TypeSingle Family
  • Listing Status Active
  • CountyLUBBOCK
  • CityLubbock
  • Area3
  • Neighborhood309
  • Zip79413
  • StyleTraditional
  • Year Built1950
  • Taxes$ 2012
  • Price$ 150,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1446
  • Lot Size0.17 Acres
Data Source:
Lubbock MLS (LARMLS)
Property Description

Whether you're looking to expand your rental portfolio or purchase your next income-producing property, this charming home offers excellent potential in an established Lubbock neighborhood. With a functional layout, spacious bedrooms, and a detached bonus building, the possibilities are endless for investors seeking strong rental appeal. Inside, you'll find a practical floor plan with generously sized living spaces, durable flooring in the main areas, and comfortable carpeted bedrooms. The kitchen offers abundant cabinet storage, ample counter space, and stainless steel appliances, while the adjacent laundry room adds everyday convenience. The primary bedroom is spacious and features its own private ensuite bath, providing added comfort for future tenants. Outside, the large backyard is a standout feature with an expansive wood deck perfect for outdoor entertaining, relaxing, or grilling. The detached outbuilding provides valuable flexibility and could serve as a workshop, storage space, hobby room, or additional workspace (buyer to verify permitted uses). Mature trees offer shade and privacy, while the oversized lot provides plenty of room to enjoy. Conveniently located near Texas Tech University, the Medical District, shopping, dining, parks, and major thoroughfares, this property is well-positioned for long-term rental demand or future value-add improvements. Whether you're looking for a property to hold as a rental, renovate for increased equity, or add to your investment portfolio, this is an opportunity you won't want to miss. Schedule your private showing today!

Elementary School Middle School High School
Wheelock Elementary School Mackenzie Middle School Monterey High School
Price History
7/8/2026 Listed $150,000

General Features

Heating Central,Natural Gas
Cooling Central Air,Electric
Roof Composition
Appliances Gas Cooktop,Gas Oven
Architectural Style Traditional
Security Features None
Construction Materials Vinyl Siding
Year Built 1950
Property Subtype Single Family Residence
County Lubbock
New Construction No
Property Type Residential
HOA No
Attached Garage No
Garage Y/N No
Other Structures Shed(s),Storage
Full Baths 2
Status Active
High School Monterey
City Lubbock
Senior Community Y/N No
High School District Lubbock ISD
MLS Area 3
Lot Size Units Acres
Lot Size Square Feet 7288.0
Carport Y/N No
Elementary School Wheelock
Property Attached Y/N No
Tax Annual Amount 2012.0
Home Warranty Y/N No
Middle/Junior High School Mackenzie
Lease Renewal Y/N No
MLS Area Minor 3
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Vacant
MobileHomeRemainsYN No
Legal Description Park Lawn Blk 1 L 4
Heating_co_Central True

Interior Features

Interior Amenities Ceiling Fan(s),Formica Counters
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1446.0
Laundry Features In Kitchen,Inside
Total Bedrooms 3
LivingAreaSource Public Records
Above Grade Finished Area Source Public Records
Total Baths 2

Exterior Features

Exterior Amenities Storage
Parking Features On Street,Other
Lot Size Area 0.17
Foundation Details Slab
Spa No
Building Area Total 1446.0
Lot Size Acres 0.17
Road Surface Type Paved
Lot Size Source Public Records
Waterfront Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 79413

Price
AVG $210K
$150K
Taxes
AVG $3,037
$2,012
Year Built
AVG 1961
1950
Visits
AVG 29
14
Data Provided by Inside Real Estate®